How was last crypto bear market

[danherbias07]

November 2018 - April 2019 precisely was the time when FUD was raining down as if it will never end.
You will feel dreadful to the point of selling out because of the negativity being fed all over the internet and that includes social media and streamers.
I had to sell some Bitcoin back then to pay for bills even though it was against my will. If you need it, sell it and just get over it. But it does hurt. 
That includes other coins that I pulled out because I don't want to sell that much of my Bitcoin with high expectation for a bull to happen.

[1714959668]

1714959668

[shinratensei_]

Just like this time when bitcoin is dropping a lot from 60k to the 33k drastically. The same story may come again when bitcoin will be going down so fast. People are selling more and more bitcoin and panic sellers will be following it. This time bitcoin gets another dump again which was a very bad for the crypto market. In my opinion that if altcoins must leave from the bitcoin domination and stand by itself but it's quite impossible to do that. Staking was profitable when you are not care so much about the price in fiat value.
You will be earning more tokens instead of fiat money.

[indo1]

a very bad experience considering what happened in 2018, as if I was facing a bear market for the first time of course I panicked and couldn't make decisions properly, I almost left cryptocurrency, but I think here is my path, I finally survived until now it feels relaxed facing the current bear market. even I think they are quite ready to face the bear market, this year's panic with 2018 is very different.

[Mr.sprin]

hopefully the experience in 2018 will not repeat itself lately crypto is getting better, we hope that in the future crypto will be even better and can be accepted all over the world, amen.

[Cryptmuster]

I learned too much from the previous bear market, that's why I am very thankful lately, about how to take profits slowly during the bull run.
It will not always be Christmas in short, it will not always be "UP ONLY". Never marry your altcoins.
Once you experience a bear market, you will regret a lot of things, I admit that especially if you are full of hype or first time to experience it.

Knowledge is gained only from bitter experience, I also had a chance to conduct a bear market with some alts, I will not make such a mistake again. As soon as I see signs that the market is going down, I go into stablecoins, this always works well for me, because I can always buy at a lower price later. Do not be greedy, do not believe in one coin, and not wait for it to make you rich, these are all illusions. Take profits when you have the opportunity to do so, and a bear market will always provide you with great earning opportunities when you have stablecoins available.

[SaveOurSea]

2017 Bitcoin experienced a Fomo and there was a Pump from $ 1000 to $ 20000 more,
of course it was a great achievement of Bitcoin, but unfortunately many people bought at the price of $ 20000 and that was the peak,
2018 Bitcoin experienced a tragic dump, many holders who feeling frustrated and not strong.

[someone703]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

Strategies in a bear market need to be really clear. If you are just looking at the trends that are taking place, and they are almost dead products, the risk of the investment is inevitable. Personally, when I was going through 2018-2019, I also made a lot of mistakes when I only looked at others to make decisions without researching and evaluating them myself. So I think newcomers always need to improve their knowledge of the market to be able to adapt to the daily changes. At this stage, I think staking stablecoins also brings good returns for the investment.

[Questat]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

I feel bad remembering that time, the day was crypto is in doomed and many people become hopeless. But I was then feeling regrets for not thinking about the future of crypto as I was influenced by my emotions and selling my asset rather than buying more.

However, I wasn't going to compare it now. The market even looks better even during the bear season as prices never are that bad and worse trend than before. Honestly, I was glad to see the changes.

[TheGreatPython]

Yes, it made me feel bad for staying inside. It would have been very profitable for me if I had spent the bear season with no assets in my hands. After 2018, I made purchases piecemeal constantly, it was profitable for me when the time came. It would have been much better for me if I hadn't stayed inside. I got a little greedy in the 2017 upswing and couldn't sell my assets, the result for me was to wait 2-3 years.

Being greedy is a normal thing for humans and you are not the only one that missed the selling opportunity so don't down yourself too much. If you have only waited for one more year, it would be a blessing in disguise because on the year 2021, there was a new bull run that comes. You could have earned better than the 2017 bull but it's nice to hear that you are still profitable despite what happened.

It's only not acceptable if you have sold at a loss. Op ask if how does a bear feel. I would be lying if I say that it feels so good. Common sense op, bear means prices are falling down. It feels really bad when your in this situation.

[Reid]

Anything in cryptospace that includes investing was a bad idea back then.  It's all FUD north and south and you will have a hard time to buy anything, what more with staking. It took a year before it became a normal volatile movement again, it's too stagnant that you will doubt anything even trading.
Another impact of that slow straight movement was the urge to look for new projects. I doubt something survived that was released on that time.

[Cryptock]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

The 2018 cryptocurrency market cannot be compared to the current situation. Over the past few years, capitalization has increased enormously and the market has stabilized strongly. The 2018 bear market was much more brutal, at least at the beginning of the year. At the moment, everything is a lot milder because we have many more big players in the market like Tesla and Microstrategy. I think the current bear market will be much smoother and shorter.

[Xal0lex]

Those who say it's terrible and all that sort of thing don't know how to make the best out of such market cycles. Most people during such periods simply sell off their valuable cryptocurrencies when they should, on the contrary, be buying them. Buy when there is fear in the market. The bear market that started in 2018 and continued through early 2019 was a great reason to build your crypto portfolios. ETH at $60, BTC at $3,500. It was a golden time to invest.

Many people invest not from cold funds so they are not prepared to lose it, besides that many novice investors do not understand market cycles and do not understand managing portfolios well. I still remember the time when the prices of ETH and BTC were the cheapest since 2018, will the next bear market reach its lowest values like 2018 again?

There is such a possibility. I'm not sure that these values will be extremely low. For example, people expect bitcoin at $10,000 and ETH at $1,000. I'm not sure we'll ever see such prices again, at least I'd like to hope so. In any case, the investment portfolio has to be ready for any development. If it goes up, we take profit, if it goes down, we buy and wait for growth.

Free money should always be available. Many newbies use all their money to buy a particular set of coins and wait for growth, and when the fall comes, they can do nothing, because they spent all their money to buy assets. They would love to buy cheap coins, but they just don't have the money to do it.

Another mistake follows from this. When newcomers buy coins during the bull run, they start to get cheaper. These investors then sell these coins at a loss and use the money to buy other coins that they think will go up.

[SirLancelot]

Just like this time when bitcoin is dropping a lot from 60k to the 33k drastically. The same story may come again when bitcoin will be going down so fast. People are selling more and more bitcoin and panic sellers will be following it. This time bitcoin gets another dump again which was a very bad for the crypto market. In my opinion that if altcoins must leave from the bitcoin domination and stand by itself but it's quite impossible to do that. Staking was profitable when you are not care so much about the price in fiat value.
You will be earning more tokens instead of fiat money.

I doubt that we could have that type of fall again. I am not saying that we will never have that kind of fall, but not from this price. We had a huge fall like that only because we also had a huge increase and that makes sense, if you go from 10k levels to 68k levels for a long year, then eventually it will come down.

Right now, we haven't gone up at all and doing alright, in order for us to go down 50% or so, we need to also have a big increase. The current situation is stable, it goes up a little bit and goes down a little bit and that will continue to happen for sure, I am not expecting anything else to happen for the time being, at least not for a while.

[Smitty Werben Man Jensen]

hopefully the experience in 2018 will not repeat itself lately crypto is getting better, we hope that in the future crypto will be even better and can be accepted all over the world, amen.

That's true and for sure we all wish the best for cryptocurrencies,
when talking about cryptocurrencies as a whole it is getting better in the sense of experiencing good development,
but for the current crypto market conditions, I think it's still not really stable, it's still up and down

[marissa23]

The 2018 cryptocurrency market cannot be compared to the current situation. Over the past few years, capitalization has increased enormously and the market has stabilized strongly. The 2018 bear market was much more brutal, at least at the beginning of the year. At the moment, everything is a lot milder because we have many more big players in the market like Tesla and Microstrategy. I think the current bear market will be much smoother and shorter.

The current market is very different even though market correction zones are inevitable, but I agree that many differences make a bear market tragedy like 2018 impossible to repeat. The crypto market has received support from the great whales and the Russian invasion has adopted Bitcoin widely in some parts of the country.

[Jaered]

It really felt bad. Real bad. A lot of people lost a good some of money considering the then All Time High bitcoin attained. It was a terrible feeling I tell you

[Adbitco]

2017/2018 was a year so unbearable for cryptocurrency at large leading to failures and unachievable desires for many projects even with the ICO strategies.. well personally it was a hell to me in way that I sold all my ETH, BTC at a very cheap rates without knowing that the market will survive the situation at the moment. But today take a look at the market fully recovered and gain more strength than before.

The bear market has taught me a lesson never to take strong decisions at the wrong time but exercise patient.

[abyan@83]

This question is for those that are here when bear market of 2018 stormed the crypto space, how doesn't it feel like? All those staking for perceive income makes sense at all? Or returns went so bad and makes staking looks like a bad idea? How does it felt like.

I won't be afraid anymore if I face the next bear market because I already felt stupid when I faced a bear market in 2018. The bear market I experienced in 2018 was terrible they even thought cryptocurrencies would be wiped out, I also had the same thought, I had time to leave cryptocurrencies at least I've been trying to find a new business for more than 6 months, and the results are nothing like cryptocurrency, I'm back here, because everything they say is just a lie.

[StormHawk]

All those staking for perceive income makes sense at all?

January 2018 to April 2019 was the hardest bear market for me. During that period of time, I almost stopped doing PoS mining and sold a lot of coins at a loss. I hope that the bear market of 2018 will not repeat itself in the near future, although I will be morally ready for it.
At the moment I am staking some tokens on the Binance exchange and I accept everything that comes with this risk.

You would have made more if you refused to sell those tokens at a loss, the perfect way of becoming a winner in the crypto space is through holding, there was a time when Cardano was just 0.02$, its not easy to know which project will perform so well in future but using diversification will safe the day.

[Daodex]

You don't have to worry about the next bear market, there are so many investors waiting and waiting to keep grabbing every opportunity that comes around through dips and corrections, there will never be another bear market as bad as 2018 again so simply because crypto adoption is now higher than that of 2018/2019 days.